InvestSMART

Ellerston Master - Managed Fund (Closed)

Fund Objective
Achieve superior risk-adjusted returns relative to those obtainable through traditional investments in equity and fixed income markets and with a focus on capital preservation.
Fund Strategy
Multi-Managers globally diversified fund of hedge funds. Strategies include, Equity Hedge, Multi-strategy, Event Driven, CTA/Global Macro & Fixed Income.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.71% -0.86% -0.17% 1.68% 7.08% -3.85% 2.74% -%
Growth return 0.71% -0.86% -0.17% -4.04% 3.54% -7.57% 0.32% -%
Income return 0% 0% 0% 5.72% 3.54% 3.72% 2.42% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 30 Apr 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ellerston Master
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
18.77%
Australian Equities
4.92%
International Equities
2.98%
Cash
55.63%
Property & Infrastructure
1.98%
Fixed Interest
15.73%

General Information

Fund Details
Type Description
Ellerston Master (Wholesale)
Closed
Ellerston Capital Limited
ECL0003AU
Alternative - Other
Not Rated
Investment Fund
1 Jul 2005
n/a
n/a
$1.2556 (as at 30 Apr 2011)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.40% (as at 30 Jun 2010)
Performance fee (not included in ICR) 0.01
Minimum initial investment $500,000
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FAQs about the Ellerston Master

The objective of the Ellerston Master managed fund is Achieve superior risk-adjusted returns relative to those obtainable through traditional investments in equity and fixed income markets and with a focus on capital preservation.

The strategy of the Ellerston Master managed fund is Multi-Managers globally diversified fund of hedge funds. Strategies include, Equity Hedge, Multi-strategy, Event Driven, CTA/Global Macro & Fixed Income.

The APIR code of the Ellerston Master managed fund is ECL0003AU.

Ellerston Master’s total return last month was 0.71%. This was made up of a growth return of 0.71% and an income return of 0%. These returns were calculated as at 30 Apr 2011.

Ellerston Master’s total return for the last three months was -0.86%. This was made up of a growth return of -0.86% and an income return of 0%%. These returns were calculated as at 30 Apr 2011.

Ellerston Master’s one-year total return is 1.68%. This was made up of a growth return of -4.04% and an income return of 5.72%. These returns were calculated as at 30 Apr 2011.

Ellerston Master’s one-year total return is -3.85%. This was made up of a growth return of -7.57% and an income return of 3.72%. These returns were calculated as at 30 Apr 2011.

The asset allocation of the Ellerston Master managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Ellerston Master managed fund is Ellerston Capital Limited.

The Ellerston Master managed fund belongs to the Alternative - Other sector/asset class.

As at , the size of the Ellerston Master managed fund was $ million.

The Ellerston Master managed fund has an inception date of 1 Jul 2005.

The current entry price of the Ellerston Master managed fund is $ per unit and the current exit price is $1.2556 per unit (as at 30 Apr 2011).

The current exit price of the Ellerston Master managed fund is $1.2556 per unit and the current entry price is $ per unit (as at 30 Apr 2011).

The minimum initial investment amount for the Ellerston Master managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.